Only 1 ether raised? I can't believe my eyes, lol.
We are at 41.457 Ether worth 12,665$. A lot of people wait for a while unless the coin offers really good early invest bonuses which Oyster don't. We got a little surge in the beginning followed by the current trickle and depending on marketing/exposure and interest may increase a little or surge in the end. We have two weeks to go. I would like to see a little more dev presence online via more blog posts (its been a couple weeks) and social network interaction given that the ICO is a very important phase of a project's lifecycle.
Are you a member of the Oyster Team? What is the softcap for the ICO? It's a very slow start and Im wondering what happens to Oyster if not enough money is raised
1) More has been raised via side sales. The overall amount is slow compared to hyped up ICOs, mostly because we focus on substance of the project and not photoshoots in our whitepaper like chronologic.
2) He's not a part of the core team, he just joined the bounty campaign. However in that sense anyone can become a part of Oyster.
3) There is no numerical soft cap. This is because all the money has already been spent (and will be spent) on marketing. A worst case scenario for Oyster is that the first 3 stages of development could be programmed with 1-2 people instead of 3-5 full time employees, so one way or another the network will go live which will cause the price of PRL to calibrate to the price of storage (1 PRL = 1 GB/ 1 YR).
4) We have lots of promotional deals lined up that are yet to be executed, and I am currently working on getting Oyster listed on a major well known exchange and several new Chinese based ones. News about this coming soon. There is usually still air and silence before the stampede.
Yes, just an investor and part time bounty hunter who gets a little too excited about things. I won't join a campaign unless I like the idea and there is real development backing it though.
Mystic90, You can get the ICO totals by downloading the spreadsheet from etherscan and totalling the columns.
I am glad the devs are willing to stick through the worse case scenario to get the project on its feet. Getting listed on exchanges would be great.